Europe

United States and European Union to widen sanctions on Russia

Written by

Last Updated: Jan 18, 2016

In light of recent events and the continued resistance from the Russia government, the United States and European Union are both looking to add even harder sanctions to the country, over the Ukraine crisis.

United States President Barack Obama is leading the sanctions once again, looking to attack key areas in the Russian economy: energy, arms and finance. This means the US will not work with the three main Russian banks: VTB, the Bank of Moscow, and the Rosselkhozbank.

Alongside declining these banks, the US will also offer no trade agreements with weapons and will lower the amount of energy bought from the region, vastly limiting Russia’s market for trade, something the billionaires of Russia are afraid will happen.

putin

The sanctions can already be felt in Russia, the central bank has paid out billions in order to keep infrastructure and the economy afloat, but this will not last and Russia could slip into a financial crisis, if they continue to work with the pro-Russian separatists.

Russia has come under increased pressure after the downing of Malaysian Airlines flight MH17, widely believed to be the work of pro-Russian separatists. The crash site still cannot be viewed by investigation teams from Australia and Netherlands.

Taking the Donetsk region will be a long road for Russia, if they continue to rely on separatists, who they are continuing to funnel with weapons and supplies. It might mean Russia has to invade the region, in order to secure it.

This would lead to huge sanctions though, President Obama has already confirmed if Russia use their own force, they will see complete isolation from the United States, and the European Union should follow, perhaps with support for Ukraine.

In either case, the continued pressure from Russia seems futile, when the separatists are continuing to lose ground. In response to the idea the US was started another ‘Cold War’, President Obama said the relationship was “complicated” but not completely ruined.

X

Hints on how to write a helpful review

A great review should have the following qualities:

  • A helpful review should connect and engage with the readers using personal experience.
  • An excellent review provides the readers with cogent and unbiased information necessary to help them make the best choice.
  • A review must be well-formatted to make reading easier by using multiple paragraphs and avoiding caps.
  • The primary goal of your review must remain to provide accurate and non-salesy information.
  • Above all, let your review be fair and honest.

We have high level of professional editorial section with zero tolerance policy on fake reviews.

To maintain the genuineness of our brand, we ensure all customer reviews submitted to us are verified and confirmed before publishing. Though we might not be a 100% accurate, however, we try our best to ensure being next to best. For a thorough verification of submitted reviews, we spend close to 7 working days before allowing any customer review to be published since we also work on the earliest submissions first.

X
The Quality Page Score Explained

Your Rating*

Were you able to find the information you were looking for on our website? YesNo

Did you find that information valuable?
YesNo

How likely are you to share our page with a friend? Scale 1 to 5